North Carolina News

People and Places

Tommy Adams Tommy Adams, an independent agent from Bowling Green, was named the 2004/2005 president of the Independent Insurance Agents of Kentucky (IIAK), at the association’s 108th Annual Convention, which was held in Bowling Green at the Sloan Convention Center, …

WCRI: Fla. Workers’ Comp Medical Payments Per Claim Grow Due to Increasing Costs in Hospital Services

The average medical payment per workers’ compensation claim in Florida rose significantly in the most recent period studied, in large part due to the increasing costs of hospital services and treatments by physicians and therapists, according to a study by …

Loss-History Data Under Scrutiny in 31 States

Lawmakers or insurance regulators in 31 states have questioned the practice during the past 18 months, and at least 14 states and the District of Columbia have enacted provisions dealing with use of this information, according to a leading insurance …

WCRI: Pennsylvania Workers’ Comp Medical Costs Per Claim Grow at Double-Digit Rate

The average medical payment for workers’ compensation claims in Pennsylvania rose nearly 14 percent during the most recent period studied, according to a new study by the Workers Compensation Research Institute (WCRI). The study pointed out that the rapid growth …

Bank Holding Companies’ Insurance Agency Fee Income Rises to Record $8.4 Billion in 2003

Bank holding companies (BHCs) earned a record $8.36 billion in insurance agency commissions and fee income in 2003, according to Michael White’s Bank Holding Company Insurance & Investment Fee Income Report (BHC-FIR) published by Michael White Associates LLC (MWA). Compiled …

All Risks Promotes Rucker to VP of Ga., Fla. Operations

All Risks Ltd., a national independent insurance wholesaler with offices countrywide, announced the promotion of David Rucker to vice president of Georgia and Florida operations of All Risks Ltd. Rucker is located in the Ft. Lauderdale branch. Rucker joined All …

IIANC Names Morehead City Branch of Burns & Wilcox Broker of the Year

The Young Agents Committee of the Independent Insurance Agents of North Carolina (IIANC) has named the Morehead City office of national specialty insurance wholesaler, underwriter and managing general agent Burns & Wilcox Ltd., broker of the year. The announcement was …

Ninth Annual N.C. Workers’ Comp Conference Set

The Ninth Annual North Carolina Workers’ Compensation Educational Conference will take place Sept. 29 – Oct. 1 in Durham. Registration on site begins at 10 a.m., and the conference program begins at 1 p.m. The conference will be held at …

All Risks Notes Ga. Acquisition

All Risks Ltd., a national independent wholesale broker/ Managing General Agent headquartered in Baltimore, recently announced the acquisition of Overstreet and Newell in Atlanta. All Risks Ltd. was founded in 1964 and provides insurance solutions to retail insurance brokers countrywide, …

Coalition of Doctors Call on Kerry, Edwards to Support Med-Mal Reform

A coalition of more than 230,000 specialty physicians announced its dismay with John Kerry and John Edwards, two sitting U.S. Senators, who they say repeatedly vote against protecting patients, instead choosing to pander to the powerful lobby of personal injury …